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Billionaire Ray Dalio recognizes Bitcoin as younger generations’ gold

Younger generations were always more open to new inventions and technologies than those who spent decades upon decades of their life without them, and the same is true for the crypto industry. Recent reports have revealed that wealthy millennials are the most bullish on cryptocurrency, and billionaire Ray Dalio came to a similar conclusion, noting […] The post Billionaire Ray Dalio recognizes Bitcoin as younger generations’ gold appeared first on Invezz.

2021-12-19 09:32


Institutional Investors Are “Returning to Bitcoin” as Inflation Concern Reemerges, says JPMorgan

Shark Tank’s Kevin O’Leary, who was previously a bitcoin skeptic and is now turning bullish, also revealed recently that he now owns more crypto than gold for the first time. The post Institutional Investors Are “Returning to Bitcoin” as Inflation Concern Reemerges, says JPMorgan first appeared on BitcoinExchangeGuide.

2021-10-10 17:45


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Billionaire Investment Banker Ken Moelis Reveals Intention To Pursue Investment In Crypto

Billionaire investment banker Ken Moelis has compared the cryptocurrency era to the gold rush of 1848, telling Bloomberg he’s monitoring the crypto space in hopes of discovering new opportunities. Moelis, the founder of investment banking firm Moelis & Company, revealed an intention to explore and invest in digital assets during a Bloomberg Deals summit on […]

2021-6-10 23:54


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Institutional Investors Reconsider Gold Amidst Bitcoin Price Crash 

J.P.Morgan analysts have revealed that the bitcoin (BTC) price dip witnessed in recent weeks has succeeded in weakening institutional investors’ appetite. The analysts note that there has been a considerable level of outflows from bitcoin funds while gold exchange-traded funds continue to see a decent level of inflows, according to reports on June 1, 2021.Read More

2021-6-3 17:00


Tether’s Bank ‘Bought Bitcoin’ for its Clients As Part of Its Investment Portfolio

Bahamas-based Deltec Bank & Trust, which is the banking partner of Tether to hold its reserves, revealed that it has a “large position in bitcoin. ” Chief Investment Officer Hugo Rogers disclosed this during a year-in-review video while explaining its investment portfolio, which also contains gold and other commodities, including the digital asset.

2021-1-15 19:54


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Billionaire Stanley Druckenmiller Owns Bitcoin, Sees Attractive Store of Value That Could Beat Gold

Billionaire investor Stanley Druckenmiller has revealed that he owns bitcoin, calling it an asset class that has a lot of attraction as a store of value and could be better than gold. Stan Druckenmiller Owns Bitcoin Stanley Druckenmiller revealed on Monday that he owns bitcoin and explained why it could be a better investment than […] The post Billionaire Stanley Druckenmiller Owns Bitcoin, Sees Attractive Store of Value That Could Beat Gold appeared first on Bitcoin News.

2020-11-11 00:30


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Fed Pledges Additional Stimulus, Adding Fuel to Bitcoin and Gold’s Momentum

As the United States Fed prepares to issue additional stimulus and economic relief efforts, assets like Bitcoin and Gold are gearing up for yet another leg up. How will the latest move to save the economy from a devastating depression impact these two, scarce, safe-haven assets in the days ahead? Federal Reserve Delivers Somber News About Economy, Pledges More Stimulus If Necessary This morning, Federal Reserve Chairman addressed the world via a webcast and revealed […]

2020-5-13 19:55


Survey: 76% of Americans Oppose the Idea of US Govt. Replacing Paper Money with Digital Money

How well does American understand money? is the question Genesis Mining tries to find the answer in its latest survey. 29% Believe the US Dollar is Backed by Gold The survey revealed that out of the 1,000 Americans surveyed on September 17th, 2019, 29% of the participants believe that gold still backs the US dollar. […]

2019-11-5 17:26


Bitcoin Bull Run ‘Hasn’t Started,’ Says Analyst After New Peter Schiff Remarks

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise. Schiff: Bitcoin Volume ‘Much Lower’ Than 2017 As a Twitter discussion which began July 29 revealed, Schiff, who is well known as a cryptocurrency skeptic, claimed Bitcoin’s 2019 bull run produced lower volumes than the previous one in December 2017.

2019-7-30 15:00